Posts by Hometown Insurance

Tokio Marine Holdings Inc. sees scope for further expansion in the US as Japan’s largest property-and-casualty insurer explores acquisition opportunities around the world, its new chief executive officer said. “We want to expand in countries other than the US for …

A man won $11 million in a lawsuit against police after his conviction for killing a Missouri newspaper’s sports editor was overturned, but the city’s former insurer resisted paying most of it for almost three years. A Missouri judge this …

Ford Motor Co. is recalling nearly 200,000 electric Mustangs because the door latches could falter, potentially trapping passengers in the back seat. The National Highway Traffic Safety Administration said Dearborn, Michigan-based Ford is recalling 197,432 Mustang Mach E midsize SUVs, …

Data storage provider Western Digital has convinced a California federal judge to reduce a $552.7 million award against it in a patent dispute over data encryption to just $1, according to a court order made public on Monday. U.S. District …

Five people were taken to a North Carolina hospital after a flight from Miami hit turbulence Sunday night, officials said. Fire and rescue crews responded to the flight after it arrived at Raleigh-Durham International Airport around 11:30 p.m. and brought …

Florida condominium residents grappling with the steep cost of building improvements will get some financial relief under a new bill signed into law by Republican Gov. Ron DeSantis on Monday. House Bill 913 gives condo homeowner associations more flexibility in …

When school begins at the University of Nevada, Las Vegas, students will have a chance to undertake a bachelor’s degree program in insurance and risk management. The school got the new program approved this month. The first cohort of 35 …

Blistering heat is straining power grids across the eastern half of the US, leading to a blackout in part of New York City’s borough of Queens as the local utility issued a warning to conserve electricity. Consolidated Edison Inc. is …

Starkweather & Shepley Insurance Brokerage Inc., headquartered in East Providence, Rhode Island, made several recent promotions and advancements in officer positions, including: Starkweather & Shepley Insurance Brokerage Inc. Andrew J. Fotopulos, chairman & chief executive officer Elizabeth A. Lowe, president …

US officials are warning businesses to brace for potential Iranian cyberattacks following American airstrikes on the country’s nuclear sites, an event that experts say could draw a relatively small response from hackers. A bulletin from the Department of Homeland Security …